How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries

How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries
This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining to the average length and the other to the length distribution. On average, upturns are longer than downturns, but the difference disappears once the last house price boom is excluded. In... READ MORE...

Publication date: October 2011
ISBN 9781463921316
$18.00

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